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RAVITA ENGINEERING SERVICES LIMITED

RAVITA ENGINEERING SERVICES LIMITED (SME)

Minimum Investments
₹2,52,000
Price Range
₹105 - ₹112
Issue Size
₹116.05 Cr
Lot Size
1200shares
This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 1200 shares after listing.
Proceeds of this IPO to be used for
To meet long-term working capital requirements of the company
Funding capital expenditure requirements of the company towards purchase of certain heavy equipment
General corporate purposes
Strengths & Weaknesses
Integrated engineering solutions

The company provides electro-mechanical engineering solutions through EPIC and O&M services, covering project design, procurement, installation, testing and commissioning of HVAC, chillers, compressors and related systems. Its O&M services include maintenance, inspections, repairs and performance monitoring for systems installed by both the company and third-party providers

Balanced revenue mix

The company generates revenue from short-to-medium-term EPIC projects and multi-year O&M contracts across industries and geographies. This diversified mix supports growth through project opportunities while providing stable recurring income from long-term maintenance services

Offshore engineering expertise

The company has strong expertise in managing HVAC and electro-mechanical systems in challenging environments such as offshore oil and gas platforms, defence facilities and data centres. Its SOPs, emergency-response frameworks and preventive maintenance protocols support reliable operations, safety and compliance in these critical settings

Competitive bidding risks

A large portion of the company’s work orders are secured through competitive bidding, creating a risk of losing contracts in a highly competitive market and facing margin pressure. Delays in project execution or failure to qualify, win and successfully complete new contracts could adversely affect growth, cash flows and financial performance

Blacklisting risk

The company depends on contracts from public sector undertakings, government departments and corporate clients and must meet various tender and contractual requirements. Failure to comply could lead to disqualification, suspension or blacklisting, limiting future contracts and adversely affecting revenue, reputation and financial performance

Contract termination risk

The company’s contracts may be terminated early due to delays, non-compliance, project changes, budget constraints or client discretion. Such termination could lead to unrecovered costs, loss of expected revenue, reduced order book, disputes and increased financial and operational pressures

Financials

Income Statement

Also called a profit and loss statement, an income statement shows a company’s income, expenses, and how much profit or loss it has made over a specific accounting period. It provides a clear view of how well the business is running.

Particulars (in Cr)Jun 2026Q/Q Change
Operating Revenue97.31-
Other Income0.14-
Total Income97.45-
Total Expenditure83.28-
EBIDT14.18-
Depreciation0.43-
Interest0.21-
Tax3.41-
Net Profit10.13-

Balance Sheet

A balance sheet is a financial statement that details a company’s assets, liabilities, and shareholders’ equity at a given time. It helps assess how financially strong and stable the company is.

Particulars (in Cr)Mar 2026
Total Current Assets152.80
Total Non-Current Assets10.17
Fixed assets9.43
Total Assets162.97
Total Current liabilities62.35
Total Non Current Liabilities1.06
Total Equity Plus Liabilities162.97
Total Shareholder Funds99.56
Total Debt to Equity19.00%

Cash Flow

Cash flow highlights the cash or cash equivalents moving in and out of a company during a particular period. It provides a clear picture of how well a company manages its cash by tracking its operating, investing and financing activities.

Particulars (in Cr)Mar 2026
Cash from Operating Activity-46.85
Cash from Financing Activities51.77
Cash from Investing Activities-0.40
Net Cash Flow4.52

About the Company

Ravita Engineering Services was incorporated on December 28, 2007. The company provides turnkey engineering, procurement, installation and commissioning services for HVAC, air-conditioning, chiller plants, compressors, cooling and other electromechanical systems across commercial and industrial establishments. It also offers operation and maintenance services for its own projects and systems installed by third-party providers

  • Promoter
    Vibhoar Agrawal
  • Promoter
    Rachita Agrawal
  • Promoter
    Starwings Realtors Private Limited

FAQs for RAVITA ENGINEERING SERVICES LIMITED IPO

RAVITA ENGINEERING SERVICES LIMITED IPO refers to the initial public offering of shares by RAVITA ENGINEERING SERVICES LIMITED. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

For RAVITA ENGINEERING SERVICES LIMITED IPO the issue size is ₹116 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

For RAVITA ENGINEERING SERVICES LIMITED IPO the minimum investment is ₹2.5 L. The minimum investment for RAVITA ENGINEERING SERVICES LIMITED IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

For RAVITA ENGINEERING SERVICES LIMITED IPO the lot size is 1200 shares. The lot size of RAVITA ENGINEERING SERVICES LIMITED IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

To apply for RAVITA ENGINEERING SERVICES LIMITED IPO on PhonePe Invest, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the RAVITA ENGINEERING SERVICES LIMITED IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for RAVITA ENGINEERING SERVICES LIMITED IPO on PhonePe Invest, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the RAVITA ENGINEERING SERVICES LIMITED IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

You can apply for the IPO till 3 PM on the last day of application on PhonePe Invest.

For RAVITA ENGINEERING SERVICES LIMITED IPO the allotment date is 19 Oct 2026. The allotment date of RAVITA ENGINEERING SERVICES LIMITED IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

For RAVITA ENGINEERING SERVICES LIMITED IPO, the subscription opens on 14 Oct 2026 and closes on 16 Oct 2026. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Closed
Listing Date: 22 Oct 26